CyberGuard Corporation Announces New CEO; Management Organizational Changes Completed; New Management Team to Streamline Marketing, Sales, and Support Operations Worldwide.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--March 12, 1999-- CyberGuard Corporation, a leading provider of network security and electronic commerce solutions, today announced that David Proctor David William Proctor (born May 4, 1984 in Bellshill, North Lanarkshire) is a Scottish footballer who plays as a right-back or right midfielder for Scottish Premier League club Inverness Caledonian Thistle. has joined the Company's management team as CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Chairman of the Board of Directors. Mr. Proctor A person appointed to manage the affairs of another or to represent another in a judgment. In English Law, the name formerly given to practitioners in ecclesiastical and admiralty has previously served as President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Platinum Software Corporation, as President and Chief Operating Officer of Ashton-Tate Corporation (company) Ashton-Tate Corporation - The original vendor of dBASE and joint developers of EEMS. Ashton-Tate was founded by Charles Tate and Ashton was his pet parrot's name. The parrot lived in the lobby of the company's LA headquarters. , and as Vice President of the Personal Software Products Division of IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) . Mr. Proctor's appointment completes the assembly of a new management team for CyberGuard, and completes the numerous organizational changes designed to strengthen the Company's operations worldwide. Mr. Tommy Steele Tommy Steele OBE (born December 17, 1936 in London, England) is an English entertainer. Steele is widely regarded as Britain's first pop idol. Born Thomas Willam Hicks , who had been President of Intergraph Software Solutions prior to joining CyberGuard, will continue in the role of CyberGuard President and COO. Mr. Terrence Zielinski, who joined the company on an interim basis during September 1998, has been named Chief Financial Officer. Mr. Zielinski is a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. with over thirty-five years experience, including having served as chief financial officer of several public companies. Mr. Mike Wittig, who had been serving as Vice President of Development for the Company, has been appointed to the additional position of Chief Technical Officer. Mr. Martin Ryan Martin Ryan (31 January, 1900 – 22 July, 1943) was an Irish Fianna Fáil party politician and TD. He was first elected in the 1933 general election for the Tipperary constituency. He was re-elected in the 1937, 1938 and 1943 general elections. , who has worked in several management positions with CyberGuard, will serve as Vice President, Worldwide Sales & Operations. Mr. Fred Hawkes, with executive experience working with technology companies in marketing, business development and product development, has been named CyberGuard's Vice President of Worldwide Marketing. Proctor first became associated with CyberGuard as a director in 1997. He replaces Mr. C Mr C (aka Mr. Chuggs, born Richard West on January 2 1964) is a British DJ, musician and rapper. Best known for fronting The Shamen during their most commercially successful era, Mr C is also an acclaimed house music DJ and co-owner/co-founder of London's The End nightclub . Shelton James, who had been serving since August, 1998, as CyberGuard's interim Chief Executive and Chairman. "I am extremely pleased to assume a role at CyberGuard during this period of positive growth and change," Proctor stated. "As demonstrated by the preliminary results released on January 13, the second quarter of Fiscal 99 was our best quarter ever. Recent new business wins and continuing orders from existing customers provide the base for our Company to grow and prosper. CyberGuard's principal customers continue to be enterprises who rely on CyberGuard security products for mission-critical networks. "I would like to thank Shelly James for the guidance he provided during our period of recovery and stabilization," Proctor added. "And the January 13 numbers demonstrate that the work of both Tommy Steele and Terry Zielinski has been key to CyberGuard's recent success. I'm looking forward to working with Tommy and the rest of the CyberGuard staff." Mr. Steele noted, "As the Company's new Vice President of Worldwide Sales and Operations, Marty Ryan will coordinate all facets of sales, support and customer service. By combining sales, support and operations in one department, we can provide end users with a feeling of continuity that fosters repeat business through demonstrating that CyberGuard offers not only the best security solution, but also a level of customer support unmatched by anyone in the industry." "Our new executive team's priorities will be to devise and execute on a strategic direction to build upon our recognized technology leadership in the enterprise security market, and to move to close any remaining auditing and legal issues" said Proctor. "Completing our management changes allows us to move the company forward. We will be able to focus on strengthening our sales and reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers. force worldwide, providing unmatched customer support, and further developing the most secure network security product line on the market today." About CyberGuard Corporation CyberGuard Corporation is a leading provider of enterprise security and electronic commerce solutions to Fortune 1000 companies and governments worldwide CyberGuard's award winning, industrial-strength firewall and certificate authority products and services protect the integrity of data and applications from unauthorized access. The Company has world headquarters in Ft. Lauderdale, Florida and branch offices worldwide. More information on CyberGuard Corporation can be found at http://www.cyberguard.com and http://www.tradewave.com. Forward Looking Statements Statements regarding estimates and future prospects contained in this press release are forward looking statements. These statements are based upon assumptions and analyses made by the Company in light of current conditions, future developments, and other factors the Company believes are appropriate in the circumstances, or information obtained from third parties, and are subject to a number of assumptions, risks and uncertainties. Readers are cautioned that forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. are not guarantees and that actual results might differ materially from those suggested in the forward-looking statements. Further information regarding forward looking statements can be found in the Company's reports filed with the Securities and Exchange Commission. |
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